For our modern Economy to progress and continue to flourish there must be competition between businesses. With Competition buyers are the boss, the market is their agent and businesses are the servants. A totally different system where a single seller controls the market of a certain product or good is called a monopoly. By controlling the supply of this product a monopolist can charge a higher than competitive price for that item. To prevent this …showed first 75 words of 1096 total…

…showed last 75 words of 1096 total…-584 Bank, David Microsoft Monopoly. September 1, 2001. ECON Los Angeles, CA P 14-23 New York Times July 12, 2003 http://www.nytimes.com/library/tech/reference/index-microsoft.html US v. Microsoft: Current Case February 8, 2002 Joint http://www.usdoj.gov/atr/cases/ms_index.htm Wired News: US v. Microsoft http://www.wired.com/news/antitrust/ Microsoft Encarta 2003 Windows XP Edition Antitrust, Monopolies & Sherman Antitrust Act Bank, David Microsoft Monopoly. September 1, 2001. ECON Los Angeles, CA P 14-23